RED SEA OIL SHOWS ATTRACT ATTENTION TO MIOCENE SALT, POST-SALT SEQUENCE

Mamdouh Nagati International Petroleum Corp. Dubai For several decades oil companies have failed to mimic the traditional play concept of the Gulf of Suez by targeting potential oil reservoirs below the Upper/Middle Miocene salt in the Red Sea. The absence of a Pre-Miocene sequence in the majority of outcrops on both sides of the rift and its assumed absence in the subsurface, together with the perception of the Red Sea being geothermally hot and only gas-prone, have led to an exploration lull

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